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20100101
20100131
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. medicare and medicaid services report that u.s. health care spending rose 4.4% to $2.3 trillion, the slowest growth rate in nearly 50 years. health care spending is still accounting for 16.2% of gdp that is up from 15.9% in 2007. >> general motors december sales falling by 13%, larger than analysts expected. phil lebeau is in chicago with more. a lot of surprises today? >> a lot of surprises. gm weaker than expected. we want to go over those numbers from general motors. the vice president for sales from the company's headquarters susan dockerty. thanks for joining us. >> happy new year to you. >> let's go over these numbers. you are talking about the fact you cleared a lot of inventory and retail market share and retail sales you are trending up. let's be honest here these numbers are weaker than wall street wasรง expecting. >> i can't tell you that i know what wall street was expecting but our retail business was up 7%. our total sales were down 6% and that was something we were expecting because last december we had a very high percentage of fleet. but this december our fleet
diabetes testing supplies - but it's where i get my prescription drugs as well. see if you're on medicare, the cost of your diabetes testing supplies as well as your prescription drugs may be covered. liberty takes care of all the paperwork with medicare and sends the prescription forms directly to your doctor for approval. then, on your schedule, packs up this box and sends it right to your door with no charge for shipping. and liberty assures you have everything you need to manage your diabetes, including most brand name meters. call now and we'll send you a free meter. plus, a free cookbook when you join. call liberty. they can help you live a better life. call the number on your screen. >>> welcome back. live from the consumer electronics show in las vegas today, 3-d making a big leap to the small screen. heavyweights, such as sony, discovery and imax announcing this week plans to introduce a 3-d channel in 2011. here with me at the consumer electronics show, it's clear that 3-d is becoming a hot trend throughout the technology world. question is, will consumers buy into it like they
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in the past two tax cuts and medicare prescription drug benefit that were not paid for and the effects of the economic downturn. that is where a deficit comes from. that is why we are making sure we pay for new proposals and working to jump start the economy and get it back on its feet. >> how do you grow jobs at the same time you are cutting spend something. >> again there is a timing issue. in 2010 the primary focus is job growth. 2013 2014, 2015 it is getting the deficit down to make sure we don't imperil job growth and leave enough room for private investment. we have to promote job growth now and look for more efficiencies in the federal government and bring deficits down. >> $150 billion in stimulus working its way through congress. there are critics saying that is throwing good money after bad. because money from the original stimulus hasn't created jobs. >> all credible analysis suggests that the recovery act has spurred economic growth during the second quarter, during the third quarter and into the fourth quarter. created or saved 1.5 million to 2 mi
if you're on medicare, the cost of your diabetes testing supplies as well as your prescription drugs may be covered. liberty takes care of all the paperwork with medicare and sends the prescription forms directly to your doctor for approval. then, on your schedule, packs up this box and sends it right to your door with no charge for shipping. and liberty assures you have everything you need to manage your diabetes, including most brand name meters. call now and we'll send you a free meter. plus, a free cookbook when you join. call liberty. they can help you live a better life. call the number on your screen. >>> business headlines at 3:49 this friday afternoon. >>> americans keep strengthening their personal finances by cutting back on borrowing. the federal reserve reports consumer credit fell by a record 17 $17.5 billion in november. it also marks the tenth consecutive monthly decline in consumer credit. >>> "the wall street journal" reports california governor arnold schwarzenegger is asking for $6.9 billion in federal funds to prevent budget cuts. if the state does not receive that a
testing supplies - but it's where i get my prescription drugs as well. see if you're on medicare, the cost of your diabetes testing supplies as well as your prescription drugs may be covered. liberty takes care of all the paperwork with medicare and sends the prescription forms directly to your doctor for approval. then, on your schedule, packs up this box and sends it right to your door with no charge for shipping. and liberty assures you have everything you need to manage your diabetes, including most brand name meters. call now and we'll send you a free meter. plus, a free cookbook when you join. call liberty. they can help you live a better life. call the number on your screen. >>> the vix hit its lowest level in 16 months today. and some investors are worried it's a sign the market has become too complacent. does it mean a major correction is on the way? let's bring in jeff weiss. and principal at ace investment strategies. gentlemen, thanks for your time. how is the vix speaking to you right now? >> the vix right now is telling me that the market is indeed a little bit complacents, a
for drug companies, the medicare advantage cuts are less. whether or not this election shakes out for the republicans or democrats i actually think that every day that this is hanging out there for the administration is a bad day. >> les, forgive me, i didn't mean to interrupt you. andrew let me go to les. on the central question of the stocks, the movement and investigating, would you agree? >> i would. the simplest narrative. coakley is the weak candidate. the health care agenda is in somewhat of trouble. that is good for the vast majority of health care stocks including managed care and pharma. fundamentals in those groups are attractive as well once you lift this they go higher. >> so would you break it down in the same way andrew did through that sector? >> sure. we rank order. managed care first, pharmaceuticals second, med tech third, biotech fourth. there are smaller groups he was referring to. but it relates to how badly they were hit over concerns of reform in the first place. >> chuck, let me talk more broadly about the politics. >> sure. >> after '94 clinton had to wor
't be paying that anymore. we should be paying on the quality of those outcomes. today, same with medicare, it's purely based on whatever you go in for, whatever you incur and as many times as you incur, it there's no limit on it. the second thing is, clearly, we need to find ways to get more wellness programs baked in. manies of the things affecting america today, whether diabetes, obesity, or other items, those are the things in our care and custody as a count tree have some control over and there are ways to do and incent involves do that, the biggest thing, maria is providing information and that's where we're making the investments because to the average consumer today, you want to buy a car, you can research everything that you can on the internet, you want to get a loan, get multiple bids understand the components of those loans and et cetera. but today if you want to know befrg a hip replacement you don't know what doctors are good, what doctors are bad. what is a reasonable cost, a fair cost. don't know who has worse post-infection rate. i think that the more transparence they we can
and re-evaluate. a name like humana, which has heavy exposure to medicare. i don't know what will develop here over the last couple of months. >> explain to me, joe. why is the health care sector down just two -- down 2/3 of 1% tonight. not everyone is settle rumors, buying the fact. that should be surely ramping up, surely exploding today. >> i think simon, you have to look at where it was yesterday. i think that is important to understand that yesterday you had a significant flow of capital into the space. today, you just said, you have some uncertainty surrounding the space. that remains going forward. you don't know what's going to evolve here. most people think this thing is dead. however still is out there is the potential that it's not. prudence tell you you take money off the table in that type of environment, you have to. it doesn't mean longer term that it does not belong in your portfolio. i agree with you on that. but in the near term, the level of its outperformance yesterday, relative to the s&p, listen you come in this morning, you have to take some off of the table. >> i t
of the cost hole that dmift medicare drug prescriptions. "the wall street journal" going on, to saying that lawmakers and industry lobbyists have been in negotiations. it's not clear yet, but it looks from just of this article that democrats are seeking another $10 billion. and maybe more. because they say that $10 billion, still, wouldn't even be enough -- the $10 billion, additional, mind you, up to $10 billion, maria, not enough to close the hole in the cost to prescription drugs. >> the commodities trading commission looking to put the squeeze on the position's size of energy traders. with the goal of preventing volatile price swings, like those in oil in 2008. joining me on a "first on cnbc" interview to talk about this and the pushes for the curbs is chairman begins ler. great to have you back on the program. welcome. >> good to be with you, maria. >> let me ask you about the heyday in oil if you will. up to $147 a barrel. what is the evidence that that was really speculators driving the price higher? how do we know it actually wasn't real end-market demand or the perception of r
Search Results 0 to 10 of about 11 (some duplicates have been removed)